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The differences between senior channel managers and pricing managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior channel manager and a pricing manager. Additionally, a senior channel manager has an average salary of $142,754, which is higher than the $109,525 average annual salary of a pricing manager.
The top three skills for a senior channel manager include channel marketing, digital marketing and customer satisfaction. The most important skills for a pricing manager are analytics, pricing strategy, and strategic pricing.
| Senior Channel Manager | Pricing Manager | |
| Yearly salary | $142,754 | $109,525 |
| Hourly rate | $68.63 | $52.66 |
| Growth rate | 10% | 10% |
| Number of jobs | 68,002 | 119,997 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 66% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A senior channel manager is someone who focuses on channel sales and marketing to clients and customers. The channel manager acts as part of a company's middle management branch that coordinates with all concerning sales through channel marketing. The channel manager monitors and analyzes all information on channel sales, communications with clients and customers in all company channels, improve relationships, and build trust. In companies with different marketing channels, this position is crucial, and a person with channel marketing expertise is highly preferred.
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
Senior channel managers and pricing managers have different pay scales, as shown below.
| Senior Channel Manager | Pricing Manager | |
| Average salary | $142,754 | $109,525 |
| Salary range | Between $99,000 And $205,000 | Between $80,000 And $149,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Arizona |
| Best paying company | Levi Strauss & Co. | McKinsey & Company Inc |
| Best paying industry | Start-up | Technology |
There are a few differences between a senior channel manager and a pricing manager in terms of educational background:
| Senior Channel Manager | Pricing Manager | |
| Most common degree | Bachelor's Degree, 76% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior channel managers' and pricing managers' demographics:
| Senior Channel Manager | Pricing Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 58.7% Female, 41.3% | Male, 57.8% Female, 42.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |